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April 25, 2012 | Tom Ballard

MORNING UPDATE: TTDC’s Interim President and CEO stepping-down

Leslie Wisner-Lynch, who has served as Interim President and Chief Executive Officer of the Tennessee Technology Development Corporation (TTDC) for nearly two years, has informed the TTDC board of directors that she wants to return to her previous professional and personal pursuits at the end of May.

Wisner-Lynch stepped into the top position at TTDC following the departure of her predecessor, Eric Cromwell, in mid-2010. She had been serving on the board and as Second Vice Chair when she accepted what was expected to be a short-term assignment. To do so, the former Director of Applied Research for Franklin-based BioMimetic Therapeutics, Inc., put many of her civic and business activities on hold. TTDC’s board holds its quarterly meeting in Nashville on Wednesday and has the search for a permanent President and CEO on its agenda.

In a letter to the board on Tuesday ahead of today’s quarterly meeting, she said, “I appreciate the strong support that I have realized over the past 22 months and look forward to assisting in the transition to new leadership. The future is bright for innovation-based businesses in Tennessee, and I am pleased to have supported efforts to grow and expand those businesses through the work of TTDC and its partners across the state.”

Wisner-Lynch cited TTDC’s successes during her tenure including the first ever Governor’s Innovation Conference that TTDC is co-hosting on Thursday and Friday in conjunction with the Tennessee Department of Economic and Community Development, the pending TTDC strategic plan that the board will be asked to approve today, and administrative responsibilities that TTDC has assumed related to the new INCITE Co-Investment Fund.



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